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The Token Pricing Illusion: Understanding AI Inference Economics
Summary
In production, the sticker price per million tokens is a poor proxy for real inference cost. The better metric is performance-adjusted cost per useful token: correct, relevant, and usable output.
Why It Matters
Signals increasing investor interest and capital allocation in AI startups.
Referenced Coverage & Sources
The Token Pricing Illusion: Understanding AI Inference Economics
CoreWeave•Jun 23, 2026
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